Central Banking and Fintech—A Brave New World? By Christine Lagarde, IMF Managing Director

gigolo82 (57) in bitcoin • 7 years ago

From Central Banking and Fintech—A Brave New World?

Conclusion

As our pod journey comes to an end, some of you may wonder about my upbeat tone. For many, this new world of central banking is less Mary Poppins, and more Aldous Huxley: a “brave new world,” much like the one described in Huxley’s famous novel.

I believe that we—as individuals and communities—have the capacity to shape a technological and economic future that works for all. We have a responsibility to make this work.

That is why I prefer Shakespeare’s evocation of the brave new world in The Tempest: “ O wonder! How many goodly creatures are there here! How beauteous mankind is! O brave new world .”

Lagard talking about digital currencies and a "brave new world":

Has she read the book?
Should we be scared?

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7 years ago by gigolo82 (57)

$19.63

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ironshield (69) · 7 years ago

The Savage stood looking on. “O brave new world, O brave new world .” In his mind the singing words seemed to change their tone. They had mocked him through his misery and remorse, mocked him with how hideous a note of cynical derision! Fiendishly laughing, they had insisted on the low squalor, the nauseous ugliness of the nightmare. Now, suddenly, they trumpeted a call to arms. “O brave new world!” Miranda was proclaiming the possibility of loveliness, the possibility of transforming even the nightmare into something fine and noble. “O brave new world!” It was a challenge, a command.

The book is creepy and the world being described is completely depraved. @ironshield